New Reserve Bank of India guidelines liberalize merger and acquisition financing, allowing Indian banks to fund up to 75% of acquisition costs with a 3:1 debt-equity ratio. This unlocks a potential $10-15 billion annual opportunity for domestic lenders, previously dominated by offshore entities, fostering a new, high-value asset class.
Goldman bans staff from participating in finance, politics prediction markets, source says
Goldman Sachs has prohibited staff from trading prediction market contracts. These contracts are linked to financial markets and political events. The policy aims to prevent